Business, 24.08.2021 17:20 Neo11211

Which of the following statements about the portability of the unified transfer tax credit is true? 1) When the first spouse dies, then any unused applicable exclusion amount will carry over to the other spouse.
2) When the first spouse dies, then any unused applicable exclusion amount will carry over to the government.
3) When the first spouse dies and is left with an excess amount after using the applicable exclusion, then the excess amount will carry over to a trust.
4) It is a method of reducing gift taxes with the consent of the other spouse in which the gift can be treated as if each had been given one-half of it.
5) It is a method of transferring assets between spouses, either by gift or through estate.

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 14:30, kaylahill14211

You hear your supervisor tell another supervisor that a fire drill will take place later today when the fire alarm sounds that afternoon you should

Answers: 1

continue

Business, 22.06.2019 21:00, gd9075

Haley photocopying purchases a paper from an out-of-state vendor. average weekly demand for paper is 150 cartons per week for which haley pays $15 per carton. in bound shipments from the vendor average 1000 cartoons with an average lead time of 3 weeks. haley operates 52 weeks per year; it carries a 4-week supply of inventory as safety stock and no anticipation inventory. the vendor has recently announced that they will be building a faculty near haley photocopying that will reduce lead time to one week. further, they will be able to reduce shipments to 200 cartons. haley believes that they will be able to reduce safety stock to a 1-week supply. what impact will these changes make to haley’s average inventory level and its average aggregated inventory value?

Answers: 1

continue

Business, 22.06.2019 22:00, kyle65

Anheuser-busch inbev is considering you for an entry-level brand management position. you have been asked to prepare an analysis of the u. s. craft beer industry as part of the selection process. prepare a 3-5 page report that includes a description of the industry’s strategically relevant macro-environmental components, evaluates competition in the industry, assesses drivers of change and industry dynamics, and lists industry key success factors. the company’s management also asks that you propose the basic elements of a strategic action plan that will allow the company to improve its competitive position in the market for craft beer. you must provide a heading in your report for each of the required elements of the assignment.

Answers: 3

continue

Business, 22.06.2019 22:20, ciara180

Which of the following is correct? a. a tax burden falls more heavily on the side of the market that is more elastic. b. a tax burden falls more heavily on the side of the market that is less elastic. c. a tax burden falls more heavily on the side of the market that is closer to unit elastic. d. a tax burden is distributed independently of the relative elasticities of supply and demand.

Answers: 1

continue

You know the right answer?

Which of the following statements about the portability of the unified transfer tax credit is true?...